JGGF(SZ:300510)2025-04-21 13:20Financial Performance - The company's operating revenue for Q1 2025 was ¥269,179,949.09, representing a 44.84% increase compared to ¥185,852,367.79 in the same period last year[5]. - The net profit attributable to shareholders was -¥5,559,088.83, an improvement of 54.42% from -¥12,195,327.02 year-on-year[5]. - The company’s basic and diluted earnings per share improved to -¥0.0067 from -¥0.0147, reflecting a 54.42% increase[5]. - The company experienced a 4116.94% increase in other income, rising to ¥376,219.40 from ¥8,921.62 in the previous year[10]. - The net loss for the current period was ¥6,985,717.23, an improvement from a net loss of ¥13,759,723.17 in the previous period[19]. - Operating profit for the current period was -¥7,143,620.10, compared to -¥12,687,328.46 in the prior period, indicating a reduced loss[19]. Cash Flow and Expenses - The cash flow from operating activities decreased by 51.19% to ¥157,156,119.62, down from ¥321,975,853.36 in the previous year[5]. - Cash inflow from operating activities totaled ¥427,051,765.90, down from ¥588,730,151.27 in the previous period[22]. - Cash paid for purchasing goods and services was ¥157,192,872.13, compared to ¥168,332,489.36 in the prior period, showing cost management efforts[22]. - Cash paid to employees increased to ¥40,431,098.92 from ¥34,184,528.88, a rise of approximately 18.5%[23]. - Cash paid for taxes decreased to ¥8,780,909.12 from ¥10,379,134.11, a decline of about 15.4%[23]. - Cash paid for other operating activities rose to ¥63,490,766.11 from ¥53,858,145.56, an increase of approximately 17.5%[23]. - Cash paid for the acquisition of fixed assets was $2,169,241.26, down from $8,109,080.56, a decrease of about 73%[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,191,735,469.42, a decrease of 4.62% from ¥3,346,183,392.31 at the end of the previous year[5]. - The total liabilities decreased to ¥903,427,974.88 from ¥1,050,890,180.54, indicating improved financial health[16]. - The total equity attributable to shareholders of the parent company was ¥2,281,624,688.08, slightly down from ¥2,287,183,776.91[16]. - Accounts receivable decreased to ¥579,480,292.19 from ¥709,709,478.30, a decline of about 18.3%[14]. - Total current assets decreased to ¥1,518,055,581.86 from ¥1,661,646,485.63, a reduction of approximately 8.6%[15]. - Short-term borrowings decreased to ¥314,253,836.84 from ¥351,018,113.90, a decrease of approximately 10.5%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 46,611[12]. - The largest shareholder, Luoyang Ancient Capital Asset Management Co., holds 26.41% of shares, totaling 217,795,715 shares, with 217,165,715 shares pledged[12]. Government Support and Other Income - The company received government subsidies amounting to ¥8,746,027.39, which are closely related to its normal business operations[7]. - The company reported a significant increase in prepayments, with contract liabilities rising by 311.53% to ¥332,568.81 from ¥80,813.49[9]. Research and Development - Research and development expenses increased to ¥15,985,895.08, up from ¥12,417,477.42 in the previous period, reflecting a focus on innovation[19]. Market Activity - The company has not disclosed any significant new product developments or market expansion strategies in the current report[13]. - There is no indication of any mergers or acquisitions in the current reporting period[13].